Sentences with phrase «attractive than the fixed rate loan»

Once again, that would make the variable rate loan less attractive than the fixed rate loan.

Not exact matches

You'll face only one fixed monthly payment, and since home equity loans generally carry lower interest rates than revolving credit card debt, that payment is likely to be much more attractive.

The installment schedule and fixed interest rate on these loans can make them a more attractive form of credit than traditional credit card debt, which can grow indefinitely if left unpaid.

If you have less than excellent credit, your variable rate loan will initially be higher than our scenarios, which could make the fixed rate loan more attractive.

Borrowers who choose variable interest rates can often get their loan at a more attractive initial rate than they could get with a fixed interest rate loan.